Just a friendly reminder. As originally posted on Rep. Nancy Pelosi (D-CA)'s flickr stream last May...

So who are the "big spenders" again?

[Hat-tip David Roberts.]

UPDATE The original graphic we used above had been posted by Pelosi's office on 5/3/11, even though they had updated the graphic on 5/19/11. We had linked to the updated one, but had posted the older one here (which illustrates the same idea, though George W. Bush's increase to the debt was seen as 115% versus 86% in the update, and Barack Obama was responsible for increasing the debt by 16% versus 35% in the updated version, which is now posted above.) Thanks to longtime BRAD BLOG commenter Soul Rebel for catching the mistake!

In apparent response to GOP leaders of the U.S. House Energy and Commerce Committee who requested in June that Federal Communications Commission (FCC) Chair Julius Genachowski "strike the Fairness Doctrine from the agency's rulebook," the former corporate media executive has announced exactly that today, striking the rule, and 82 others, from the official FCC rulebook...

Guest blogged by Ernest A. Canning

Earlier today, Brad Friedman reported that, despite high unemployment and food stamp usage at an all-time record high, U.S. corporations were experiencing record profits.

Simultaneously, Los Angeles Times reported that Senate leaders have reached an accord to pass three more NAFTA-like "free trade" agreements (Panama, Colombia, and South Korea) when Congress returns from its August recess. The Times stated: "Proponents [e.g., the U.S. Chamber of Commerce] say the trade agreements...will pump as much as $14 billion into the U.S. economy and add more than 250,000 jobs."

The reality was better captured by Ross Perot during a 1992 Presidential Debate when he warned (video reminder below) that NAFTA would produce "a giant sucking sound of jobs headed South"...

Guest editorial by Evan Kutner of distributorcap NY

It took 30 years and 204 days, but on Tuesday August 2, 2011 the fruits of the Reagan Tree of Life will finally have reached its peak when the over-ripened, low-hanging, worm-filled Reagapples will begin to pound the ground, not with sweetened blossoms, but with a dead thud. 30 years and 204 days of belittling and ignoring the American education system, calling ketchup a vegetable, telling us trees cause pollution, cutting taxes to create trickled-down imaginary jobs (OK there are a few more maids and gardeners) and teaching Americans that they could have everything they want and it will cost nothing - the Teadras educated Republican party is willing to take the ultimate bet and tell the piper (or croupier) this time to shove it.

The US Congress has spent the better part of the past month arguing over whether the credit limit on the Visa card should be raised in order to pay their bills --- bills they have committed and signed to pay. If this game of cold-war brinkmanship wasn't so dangerous on so many levels --- it would actually be comical to watch. Watching the children of the right storm out of meetings (Eric Cantor --- who probably has the distinction of having had the most spit balls thrown at him during 7th grade lunch) and then say no, no, no as the opposition capitulates to nearly every one of their demands is nothing short of having MacBeth playing in a Kabuki Theater.

The 80 or so teabaggers, who sandbagged their way into Congress last November promising to stop those eternal welfare queens from driving Cadillacs and finally ridding the country of the leeches who live off their hard-earned (over) taxed dollars, are about to allow the real grand experiment to go forward --- let the US default on its payments for the first time in history --- and default by choice. You know the world's strongest economy is going to look like it is managed even worse than Greece...

Guest editorial by Ernest A. Canning

"In a time of universal deceit --- telling the truth is a revolutionary act." - George Orwell

Ah, the 2012 election cycle is fast approaching. The Plutocrat (aka 'Republican') Party is in the process of garnering funds from far-right billionaires like the Koch brothers in order to present their usual "jobs, jobs, jobs" propaganda.

"Jobs, jobs, jobs" will come to us not only by way of paid-for political ads, but by way of corporate MSM "coverage" which will conveniently neglect to mention that the GOP-controlled House has not offered a single bill that would create a single job, or that the 2010 GOP "victories" have merely produced an all out assault on the middle-class including an effort to eliminate Medicare, an assault on the fundamental right to engage in collective bargaining, and drastic cuts in programs designed to protect the health, safety and economic well being of the vast majority of the American people at the same time they tirelessly strive to protect subsidies for the oil cartel and tax breaks for billionaires.

Against this backdrop, Robert Reich has come up with this two minute, fifteen second explanation of "What’s Wrong with the Economy..."

[Via @LuddLite, hat-tips @OTOOLEFAN & @ShannynMoore]

[Now UPDATED with audio archives from tonight's show below!]

I'll be guest hosting the nationally syndicated Mike Malloy Show every night this week, through Friday, week as the Malloys enjoy a Progressive Cruise on the Caribbean. (Yes, I'm jealous.)

We'll be BradCasting LIVE tonight, and all week, 9pm-Midnight ET (6p-9p PT), coast-to-coast and around the globe from the studios of L.A.'s KTLK am1150. Join us by tuning in, chatting in, Tweeting in and calling in! Our LIVE and lively chat room will be up and rolling right here at The BRAD BLOG during the show, so please come on by and say hey while you're listening! (The Chat Room will open at the bottom of this item a few minutes before airtime, see down below, just above "Comments" section.)

Tonight:

• WILL BUNCH, Senior writer at the Philadelphia Daily News, author of Tear Down This Myth: The Right-Wing Distortion of the Reagan Legacy on the weekend's hagiography over Ronald Reagan's 100th birthday. And on his latest book, The Backlash: Right-Wing Radicals, High-Def Hucksters, and Paranoid Politics in the Age of Obama.
• VINCE WARREN, Executive Director of Center for Constitutional Rights on Bush "cutting and running" from torture charges and Glenn Beck's dangerous attack on a 78-year old professor.
• PLUS: Loads of important news of the day and whatever else comes up along the way, including your calls at 877-520-1150 and tweets to @TheBradBlog!...

The Mike Malloy Show is nationally syndicated on air affiliates acros the country and also on Sirius Ch. 146 & XM Ch. 167. You may also listen online to the free LIVE audio stream at affiliate GREEN 960 in San Francisco or via MikeMalloy.com.

POST-SHOW UPDATE: We were able to reach MARCY WINOGRAD at the last minute to discuss the late breaking news that Rep. Jane Harman is leaving Congress. The archives are below, where you can hear whether she plans to run in the upcoming special election, along with everything else from tonight's show. (Chat room archives are also below!) Enjoy! See ya tomorrow night!...

Good for Congressman Nadler! Calling on the people's airwaves to be used, as required by law, in the "public interest"...

Nadler's comments follow on the heals of remarks by Rep. James Clyburn (D-SC) following the shootings in Tucscon. "Free speech is as free speech does," he is quoted by the The Post and Courier as saying. "You cannot yell ‘fire' in a crowded theater and call it free speech and some of what I hear, and is being called free speech, is worse than that."

Despite originally calling for a "clarif[ication of] the public interest obligations of broadcasters who occupy the nation's spectrum" on the White House website the day he was inaugurated, the Obama Administration has since retreated after false charges by the Right that Democrats intended to "censor" Rightwing talk radio. The passage was quickly removed from the White House website and, more recently, the Administrationhas said they have no interest in revisiting the Fairness Doctrine. (Though, we should note, that doctrine is not the only way to help restore fairness and balance to our public airwaves.)

The Fairness Doctrine, which had been enforced by the Federal Communications Commission (FCC) since 1949, required those who used the limited and publicly licensed broadcast airwaves to at least attempt to offer opposing views on controversial issues, was ordered abolished by President Reagan in 1987.

The doctrine's abandonment immediately paved the way for round-the-clock, one-sided propaganda from nationally syndicated talk radio hosts such as Rush Limbaugh and scores of others.

Diversity of viewpoints shared in the public interest over our public airwaves was further brought to an end by the federal Telecommunications Act of 1996, signed by President Clinton. The act, sold as a "boon to competition in the market" lifted the cap on the number of radio and TV station licenses that could be procured by a single corporation. For example, prior to the Telecom Act, the Clear Channel corporation owned just 59 radio and TV stations nationwide. After passage of the act, they were allowed to purchase and control more than 1,200.

In the bargain, real competition --- and virtually all pretense of fairness and balance --- on our public broadcast airwaves largely died, rather than flourish as supporters of the Telecom act had claimed (and as detractors, such as Ralph Nader, had predicted), as corporations were allowed to hold virtual monopoly control over political viewpoints on the nation's airwaves in nearly all major cities across the country.

The BRAD BLOG has covered this topic for years, long calling for fairness and balance to be restored to our public airwaves. Following the recent shootings in Tucson, we have revisited the topic again, most recently in an article highlighting Pima County Sheriff Clarence Dupnik's spotlight on "vitriolic rhetoric" on radio and TV as an element helping to incite violence and bigotry in his city which features six Rightwing radio stations, but none offering a progressive voice. And in another article, posted the day after the shooting, we offered statistics on how bad the problem is across the entire nation.

Guest Blogged by Sue Wilson

In the October issue of O magazine, Democratic consultant and commentator Donna Brazile did the unthinkable: she used the "F" word --- in Oprah Winfrey's publication, no less! Eyebrows are being raised across the political spectrum.

Okay, not that "F" word, a different one which is, apparently, far more controversial these days: Brazile says that if she "were in charge" her first priority would be to bring back the Fairness Doctrine." She says that that would require "holders of broadcast licenses to present controversial issues of public importance in an honest, equitable, and balanced fashion."

To the uninitiated, bringing Fairness to the public airwaves --- broadcast radio and TV --- is a no-brainer. But to Sean Hannity, Glenn Beck, Rush Limbaugh, and an army of 550,000 amassed to keep the nation's radio airwaves under "conservative" control, Brazile's declaration of priorities could be a call to arms. Is it possible that the Democratic establishment is finally ready for a fight to take control of their message? While no longer with the DNC, Brazile is still closely aligned with the Democratic power establishment after all.

Okay, time for a bit of history.

Our elders will remember a time when radio was America's number one source of news and information. And they remember being horrified at how Tokyo Rose and our enemies used the radio airwaves to promote hate and propaganda against the U.S.

So they watched as the Federal Communications Commission (FCC) and radio station owners worked together to prevent propaganda from ever being broadcast over the public airwaves in these United States of America. This coalition of government and business put the "Fairness Doctrine" in place to ensure a healthy, reasoned discourse so critical to our democracy.

The thing is --- and a point important for those who believe much more information is now available on cable and the Internet --- radio is still America's number one source of news and information. More people listen to radio than watch television, read newspapers, or go online. Nearly fifty million people in the U.S. listen to talk radio.

But Fairness? Equal Time? Reasoned discourse? Those went out the window in 1987 with - drumroll, please - President Ronald Reagan...

Guest blogged by Ernest A. Canning

This November, California voters will be afforded a rare opportunity to directly decide whether to legalize and tax the lawful cultivation, processing, distribution, sale, and consumption of marijuana by and to individuals over 21 years of age.

By approving Proposition 19, formally labeled the "Regulate, Control, Tax Cannabis Act of 2010" [PDF], voters will take an important first step towards ending the costly, hypocritical, and liberty-destroying "war on drugs" which, like its predecessor (Prohibition), has created a lucrative niche for criminal organizations --- hypocritical because the covert agencies of the U.S. government have long engaged in drug trafficking in support of Empire even as the so-called "War on Drugs" has provided a convenient excuse for supporting brutal dictatorial puppet regimes whose function it is to serve the interests of what John Perkins described in Confessions of an Economic Hit Man as the "corporatocracy"...

From Michael Moore to Rahm Emanuel. Ditto.

Guest blogged by Ernest A. Canning

A three judge panel of the heavily-Republican 5th Circuit Court of Appeal in New Orleans rejected the Department of Interior's request for an emergency stay of Judge Martin Feldman's June 22, 2010 preliminary injunction [PDF], which prevents enforcement of the Department of Interior's six month moratorium on exploratory drilling on only 33 "of the approximately 3,600 structures in the Gulf dedicated to offshore oil exploration and production."

The panel's two Reagan appointees, Judge Jerry E. Smith, joined by Judge W.Eugene Davis, ruled that the government had failed to demonstrate that it would be irreparably harmed if a decision on whether to vacate Judge Feldman's injunction was deferred until after the appeal was heard sometime around the end of August or early September. Judge James L. Dennis, a Clinton appointee, dissented, noting that he did not believe Secretary of Interior Ken Salazar had abused his discretion in ordering a moratorium, which, per the government's motion is limited to those drilling operations that apply "the same technologies employed by Transocean's Deepwater Horizon...only to waters over 500 feet deep..." Since, under the Administrative Procedures Act, a court cannot overturn an agency decision absent an abuse of discretion, Judge Dennis appears to have concluded that Judge Feldman erred in issuing the preliminary injunction.

Judge Dennis did have a question, however, about the six month length of the moratorium.

While yesterday's ruling does not mean that the panel will ultimately rule against the moratorium, the Justice Department and the attorneys representing a number of environmental organizations in the appeal face a daunting climb given Judge Smith's expression of the usual appellate court deference to the findings of the district court judge --- a climb up an oil slicked slope given the ties between the oil industry and the judges who will decide the moratorium's fate...